A guide to international economics /
Shahruz Mohtadi.
- First edition.
- 1 online resource (128 pages)
- Economics and public policy collection, 2163-7628 .
- Economics and public policy collection. .
Part I. International trade theory. Chapter 1. The basics of a market: supply and demand and equilibrium -- Chapter 2. The basis for trade: absolute advantage and comparative advantage -- Chapter 3. New trade theories: economies of scale, product differentiation, and intra-industry trade -- Part II. International trade policy. Chapter 4. Trade policy instruments: tariffs, quotas, subsidies -- Chapter 5. Arguments for protection and the political economy of trade policy -- Chapter 6. The world trade organization, international trade relations and issues -- Part II.I International finance. Chapter 7. An introduction to open economy macroeconomicsand the balance of payments -- Chapter 8. The foreign exchange market -- Chapter 9. The determination of the exchange rate -- Part IV. Macroeconomic policies in an open economy. Chapter 10. Aggregate demand, aggregate supply, output, and exchange rates -- Chapter 11. A brief history of international monetary systems -- Chapter 12. International banking and international capital markets -- Chapter 13. Epilogue.
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This book aims to present a concise introduction to international economics. Unlike standard textbooks on international economics that focus on developing complex theories and models, this book provides a rigorous and lucid approach to the understanding of international trade and finance. It explains the basis and pattern of trade, the effects of trade and trade policies on companies, national welfare, and the global economy. It explains the determination of exchange rates and changes in exchange rates. Finally, it examines the role and impact of national economic policies on the domestic economy and the rest of the world. This book is suitable for students taking an introductory course in international economics in MBA and other graduate international business programs, and for business practitioners and decision makers with limited knowledge of basic economic principles.
Mode of access: World Wide Web. System requirements: Adobe Acrobat reader.
9781631574405
World Trade Organization.
International economic relations. International trade. International finance. Balance of payments.
Currency wars. Comparative advantage. Global supply chain. Offshoring. Tariffs. Quotas. Subsidies. Dumping. World Trade Organization. Balance of payments. Foreign exchange market. Exchange rates. Purchasing power parity. Arbitrage. Aggregate demand. Unemployment. Inflation. Fiscal policy. Monetary policy. Currency union.